REKR’s Market Ups and Downs: What’s Behind the 2023 Stock Performance?

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The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -13.46%.However, over the last six months, we can see a weaker performance of 64.31%. Over the last 30 days, the price of REKR has fallen by 32.35%. And in the last five days, it has fallen by -6.25%.

Rekor Systems Inc’s market performance has been unstable in recent times.

52-week price history of REKR Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Rekor Systems Inc’s current trading price is -49.44% away from its 52-week high, while its distance from the 52-week low is 117.39%. The stock’s price range during this period has varied between$0.62 and $2.67. The Rekor Systems Inc’s shares, which operate in the Technology, saw a trading volume of around 3.96 million for the day, a figure considerably lower than their average daily volume of 4.59 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Rekor Systems Inc (REKR) has experienced a quarterly rise of 21.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 159.40M and boasts a workforce of 323 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

REKR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for REKR stands at 0.92. Similarly, the long-term debt-to-equity ratio is also 0.83.

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